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Residential Real Estate Construction Business Seeking Loan in Bangalore, India

Construction, development and maintenance of residential and commercial complexes on turnkey basis.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 1.4 million
Run Rate Sales USD 1.4 million
EBITDA Margin 30 %
Industries Residential Real Estate Construction
Locations  Bangalore
Local Time 7:00 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5.8 million for 12.0% annual interest, 15 years (Native Currency: INR 500,000,000)
Reason: The owner has identified a parcel of land for the construction of a senior citizen project and also ... View More
Collateral Available: USD 11.7 million
Includes physical assets worth USD 2.34 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
Construction, development and maintenance of multi-storey building. We have constructed 6 multi-storey building and are constructing the 7th building in Bangalore CBD area. We are specialized in boutique style apartment.
Contract workers of 200+ employed for construction of projects.
GST and incorporation certificates in place.
The collateral value mentioned is the fair value of the projects and land we plan to construct on.
Products & Services Overview
Construction, Development and Maintenance of Commercial complexes.
Assets Overview
Flats in apartment complexes Subiksha Habitat, Kaggadasapura and Chickcottage residences, Old Airport Road, Bangalore.
Measuring a total of 10 lakh sq ft.
Facilities Overview
Have constructed 7 buildings with 5 floors each for a total built-up area of 2 lakh square feet.
Capitalization Overview
Loan from bank of around INR 6.3 crores + 2.25 crores.
2 shareholders with a 50-50 split.
Recent Activity
  • Earlier than 15 days
    Founder And Strategist, Mumbai, Business Broker connected with the Business
  • Earlier than 15 days
    Advisor, Hyderabad, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
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Contact Business
1 Investor contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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